Examples of Closing Amount in a sentence
If the Closing Amount of the Business Partner is equal to that of the OTP Closing Amount, none of them shall be required to make payment to the other in relation to the Individual Transaction to be Closed.If multiple Individual Transactions are to be closed on a Closing Date, OTP Bank Plc.
At Closing, Seller and Buyer shall execute and deliver the Preliminary Settlement Statement as approved by Buyer that shall set forth the Closing Amount (as hereinafter defined) and each adjustment and the calculation of such adjustments used to determine such amount.
Should OTP's Closing Amount exceed that of the Business Partner, OTP Bank Plc.
If the Final Purchase Price is less than the Closing Amount, Seller shall pay the amount of such difference to Buyer by wire transfer in immediately available funds no later than five (5) Business Days after the Final Settlement Date.
The Performance Deposit will be credited against the Closing Amount (as defined in Section 8.02(b)) at Closing, will not bear interest and is not refundable except as expressly provided in this Agreement.